We conduct due diligence on ESG-related issues based on in-house analysis of company filings (e.g. financial reports, various ESG-related reports), analysis from ESG research providers (e.g. Morningstar, CDP, ISS), and sell-side research reports.
We derive an Internal ESG Score ranging from 0% to 100% based on a methodology that considers 20 factors, consisting of four factors based on analysis from ESG research providers and 16 factors we have selected that measures various environmental, social, and governance related issues. Scores are aggregated across the portfolio and benchmarked. The Portfolio Management team takes the Internal ESG Scores into consideration in investment decisions.